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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (40169)10/26/2003 12:48:19 AM
From: maceng2  Read Replies (1) | Respond to of 74559
 
Because they have lots of pezz?

UK update on the "economic recovery"

Message 19434853

The deterioration in the public finances is nearly entirely caused by rapid growth in expenditure and a shortfall in taxes, not by a shortfall in economic growth. Official figures yesterday showed the economy grew by a healthy 0.6 per cent in the third quarter, leaving it on course to meet the Treasury's forecast.

Ho ho ho. Shortfall in taxes.. I wonder what caused that?